Buy ICP/USDT – 30M – BUY

The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.

An ascent upwards to the next resistance at 2.587 is expected.

Caution: A possible trend reversal in the direction of the support zone at 2.468 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 2.600172 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2.587 is within the realm of possibility.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 2.737
2nd High 2.641
Next High 2.587
Current Price 2.565000000
Next Low 2.468
2nd Low 2.34
3rd Low 2.274

2.558 – 2.587 – 2.641 – 2.468 – 2.497 – 2.494 —
2.527000000 – 2.561000000 —
47.284113589358 – 56.13083388361 —
– —
2.558 – 1772742600

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